3l-r

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TORNTPHARM, D Long
Torrent Pharma Buy 3LR Pattern

The stock seems to reversing its prevailing downtrend. It has crossed the last resistance decisively which would work as support in future. Now we have good structured Stop loss for our long trade. Today's bar formed a 3L-R bullish Bar so one can buy the stock for a target of above 1550.

praveen.bhatiya praveen.bhatiya PFC, D, Short ,
59 0 2
PFC, D Short
PFC Broadening Right-Angled and Ascending

The pattern is also called Megaphone. It has also formed 3L-Reversal at the top so one can short the stock wherever stop loss of 139.9 on closing basis is affordable. If the pattern works one can expect the price to touch the lower line around 112. Safe trader can book the profit on fib level that too offers a good risk to reward ratio

65 0 1
IDFCBANK, D Long
3L-R pattern long for short term gain!

3L-R pattern : one can trade it with SL 58.60 on closing basis. Target is open one can book profit at 7-8% appreciation.

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